Update news workforce

Although the pandemic has disrupted industries all over the globe, some think it could be a catalyst that accelerates the digital transformation and opens a new era for the digital economy.

Responding to the pandemic to retain workers

Businesses are struggling to maintain employment and pay wages for workers amid stagnant production, falling revenues, and mounting operating costs.

Experts warn Vietnam only has 18 more years of 'golden population'

Vietnam is one of the countries with the fastest aging populations in the world. It is estimated that the golden population period (high percentage of working age adults) will end by 2038.

Job losses on the way as firms look to downsize

Many businesses are planning to reduce the number of employees on their payroll in the next few months.

Growing waves of FDI investment set to pose challenges for unskilled workers

Foreign enterprises are beginning to shift their investments into industries that require medium-level workers or higher-skilled workers as opposed to putting money into labour-intensive industries as in the past,

Vietnam’s average wage equals one seventh of Asia – Pacific

Only 11.6% of Vietnam’s 57.5 million workforce are high skilled, and the rate of English proficiency is 5%.

The new world of work

Many young Vietnamese have foregone the 9 to 5 routine and chosen to work in alternative types of employment.

World Bank: Indonesia’s economy is facing numerous challenges

Indonesia’s gross domestic product (GDP) growth could slow to 4.9 percent in 2020 and 4.6 percent in 2022 amid intensifying risks such as the escalating trade tension between China and the US, according to the World Bank.

Vietnam seeks AI training and investment

Vietnam, like many other countries, is in a bid to spur economic innovation with Artificial Intelligence (AI), but experts say the country is starting from at a low point and needs to make a huge effort to catch up with the global trend.

Banks to face worker shortage in 4.0 industrial era

More than 56 percent of banks recruited new workers in Q3, but 26.6 percent said they still lacked workers, while more than 61 percent of banks planned to recruit more workers in the fourth quarter, a report says.

Labor exports: concern about Vietnam’s human resources

VietNamNet Bridge - Japan and South Korea are tightening control over illegal residential workers, while Vietnam plans to export 105,000 workers. 

Aviation sector needs to improve work force

 VietNamNet Bridge – All cases causing airway insecurity at levels B and C (A is the highest level) in the first six months this year were made by people, and this fact raised a “red” alarm about work force quality in the airway sector,

Workforce crisis in software industry

VietNamNet Bridge - Software firms have urged training establishments to reconsider the training process and apply measures to improve the workforce for the software industry.

VN female workers still at a disadvantage

 VietNamNet Bridge – The Minister of Labour, Invalids and Social Affairs Pham Thi Hai Chuyen spoke to the Lao dong (Labour) newspaper about the difficulties facing female workers on Saturday, Oct 24.

VN workforce lacks professionalism: experts

 VietNamNet Bridge – Viet Nam's low labour productivity reflects more the lack of proper training and professionalism than a lack of diligence, experts and entrepreneurs say.

Approximately 12 percent of urban youth out of work

 VietNamNet Bridge – Nearly 12 percent of young urban residents aged 15-24 are jobless, three times more than in rural areas,

Social News Headlines 3/4

 US naval ships to visit Danang next week; Vietnamese woman found hanged in Moscow; Health Minister explains cause of sector’s deficiency; No new bird flu outbreaks detected; Hue reports first A-H1N1 case

Social Headlines January 25

 HCM City pays $57m in unemployment benefits; Festive blooms stop the traffic; Viet Nam sees increase in ‘vulnerable' workers; Gov’t orders tightened measures to prevent bird flu; Major dredging work underway

Int'l organizations give warnings about VN's labor force quality

 VietNamNet Bridge – International organizations, in the reports released consecutively in November, showed the worrying situation of the Vietnamese workforce.

Vietnam faces challenges of increasing work force

 VietNamNet Bridge – Vietnam is currently going through a so-called period of ‘golden population’ with declining birth-rate and high number of working people.